Mint State Gold

Gold prices extended gains on Thursday to touch their highest in more than nine months, after the Federal Reserve raised interest rates . . . .Reuters

Global central banks purchased 1,136 tons of gold in 2022, driving the demand for the yellow metal to the highest mark since 2011. . . .The Tokenist

The gold market is reacting positively to Federal Reserve Chair Jerome Powell saying that the disinflationary process is underway but warned that it is too early to declare victory. . . .Anna Golubova

According to analysts, the cost of silver could reach a 9-year peak of $30 per ounce this year, potentially surpassing the price of gold. . . .Indrajeet Giram

Newlyweds are preparing to spend more on their banquets and jewellery, according to a survey conducted by EDSLife . . . . Enoch Yiu

China stepped up imports of gold from Russia in 2022, data released by the country's customs agency on Saturday showed. . . . RT.com

India’s enduring affection for silver underscores the country’s importance to the global silver marketplace. . . . The Silver Institute

Here in New Year 2023, the People's Bank now says it bought a little over 60 tonnes for its gold reserves in November and December. . . .Unknown

Silver price plummeted for the second straight day, extending its losses below $23.50 on Wednesday, as late US Dollar (USD) strength erased the greenback losses in the day, a headwind for the white metal. . . .Christian Borjon Valencia

U.S. retail sales fell by the most in a year in December, pulled down by declines in purchases of motor vehicles and a range of other goods, putting consumer spending and the overall economy on a weaker growth path heading into 2023. . . .Reuters